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Hyundai Fire and Marine Insurance to buy stake in Vietnamese insurer

Posted On: Dec. 24, 2018 4:38 AM CST

South Korea-based Hyundai Marine and Fire Insurance Co. Ltd. is buying a 25% stake in Vietnam-based Vietinbank Insurance J.S.C., Pulse News reported. The deal is part of Hyundai Marine and Fire Insurance's plans to expand its operations in Vietnam and other Southeast Asian countries.

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